【$MYX Signal】Pullback to go long, second rally in betting

$MYX The 1H timeframe just sharply retreated from the high of 0.3656, the 4H Bollinger upper band is under obvious pressure, but buy orders in the 0.27-0.28 area are starting to accumulate. The 1-hour MACD shows a bearish crossover below zero but the histogram is shrinking, indicating weakening bearish momentum. Market depth is unbalanced at -39.43%, with sparse sell orders, making resistance on the rebound relatively small.

🎯Direction: Pullback to buy

⚡Entry/Orders: Enter in batches within the 0.2712 - 0.2803 range

🛑Stop loss: 0.2474

🚀Target 1: 0.3190

🚀Target 2: 0.3429

🛡️Trade management: - Execute strategy: halve position at Target 1, keep the rest to break even. If the price cannot stay above 0.2850, consider exiting early.

This rapid sell-off volume increased but the price did not make a new low, with the 4-hour EMA50 forming a support at 0.2486. Funding rate is slightly positive, with no extreme short squeeze risk. The 1-hour RSI rebounded from oversold to 45.53, indicating that after bearish exhaustion, bulls have room to rebound. The current risk-reward ratio is acceptable, key is whether the price can establish a short-term platform above 0.27.

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